New JCM Group Co (SZSE:300157) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is New JCM Group Co Change In Receivables?

New JCM Group Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means New JCM Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

New JCM Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥336.5 Mil. It means New JCM Group Co's Accounts Receivable declined by ¥336.5 Mil from Dec. 2022 to Dec. 2023 .

New JCM Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥347.9 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. New JCM Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 160.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New JCM Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,249.2 Mil.

New JCM Group Co Change In Receivables Historical Data

The historical data trend for New JCM Group Co's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New JCM Group Co Change In Receivables Chart

New JCM Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-85.61

-58.67

179.67

13.01

336.48

New JCM Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

New JCM Group Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

New JCM Group Co (SZSE:300157) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

New JCM Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	347.899	/	198.219	*	91
=	160.16

2. In Ben Graham's calculation of liquidation value, New JCM Group Co's accounts receivable are only considered to be worth 75% of book value:

New JCM Group Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	69.237	-	1700.268	+	0.75 * 347.899	+	0.5 * 241.875
=	-1,249.2

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New JCM Group Co (SZSE:300157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New JCM Group Co Ltd (SZSE:300157) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengxiu Middle Road, Room 401, Building 4, No. 3, Haidian, Beijing, CHN, 100094

Website

http://www.ldocean.com.cn

New JCM Group Co Ltd Formerly LandOcean Group Ltd provides technology services for petroleum and natural gas exploration and development.

Executives

Liu Hong	Supervisors
Liu Hui Zeng	Executives
Yang Hua Feng	Executives
Sun Geng Wen	Director
Qu Guang Sheng	Director
Ye Jin Xing	Independent director
Chen Shu Lin	Executives
Xie Gui Sheng	Executives
Tang Cheng Feng	Directors, executives
Yang Qian	Executives
Deng Lin	Directors, executives
Shen Chao	Directors, executives
Chen Yu	Independent director
Mou Shu Ling	Independent director
Qin Gang Ping	Executives

New JCM Group Co (SZSE:300157) Headlines

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